When was buycycle founded?

buycycle was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Where is buycycle located?

buycycle is headquartered in Munich, Germany.

How many employees does buycycle have?

As of Mar 31, 2026, the latest employee count at buycycle is 72.

Is buycycle a funded company?

buycycle is a funded company, having raised a total of $24.8M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 2023.

When was the latest funding round of buycycle?

buycycle's latest funding was a $***** Series A round on Feb 20, 2024, with participation from 1 investor.

Where does buycycle rank among its competitors?

buycycle ranks 2nd amongst 18 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was buycycle, which secured $21.6M in Feb, 2024.

Who are the top competitors of buycycle?

buycycle's top competitors include Copart, Mobile.de and BikeAction. Among them, buycycle secured the most recent funding round in February, 2024.

buycycle - 2026 Company Profile, Team, Funding & Competitors

buycycle is a series A company based in Munich (Germany), founded in 2021 by Theodor Golditchuk, Jana Jeggle and Jonas Jager. It operates as a Market place for cycles. buycycle has raised $24.8M in funding from Cherry Ventures and Blossom Capital. The company has 18 active competitors, including 2 funded and 2 that have exited. Its top competitors include companies like Copart, Mobile.de and BikeAction.

Company Details

Market place for cycles. It ffers a platform where users can buy and sell used road bikes, gravel bikes, and mountain bikes. It features various brands at discounted prices, with buyer protection and shipping options.

Website: buycycle.com
Social

Key Metrics

Founded Year

2021

Location

Munich, Germany

Stage

Series A

Total Funding

$24.8M in 2 rounds

Latest Funding Round

Series A, Feb 20, 2024, $*****

Investors

Cherry Ventures & 2 more

Ranked

2^nd among 18 active competitors

Employee Count

72 as on Mar 31, 2026

Similar Companies

DriveX & 61 more

View buycycle's full profile

buycycle has raised a total funding of $24.8M over 2 rounds. Its first funding round was on Jul 2023. Its latest funding round was a Series A round on Feb 20, 2024 for $*****. 1 investor participated in its latest round. buycycle has 3 institutional investors.

Here is the list of recent funding rounds of buycycle:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 20, 2024	9455613	Series A	5029816	2492898	5971953	6864593
Jul 2023	1874233	Seed	6694851	2125914	Cherry Ventures	7578013

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View details of buycycle's funding rounds and investors

The founders of buycycle are Theodor Golditchuk, Jana Jeggle and Jonas Jager.

Here are the details of buycycle's key team members:

Theodor Golditchuk: Co-Founder of buycycle. They serve on the board of 1 company.
Jana Jeggle: Founder's Associate of buycycle.
Jonas Jager: Co-Founder of buycycle.

View details of buycycle's Founder profiles and Board Members

buycycle's employee count trend

buycycle has 72 employees as of Mar 26. Here is buycycle's employee count trend over the years:

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Top competitors of buycycle include Copart, Mobile.de and BikeAction. Here is the list of Top 10 competitors of buycycle, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Copart 1982, Dallas (United States), Public	Online marketplace for used and salvaged vehicles	$1.1M	-	74/100
2nd	buycycle 2021, Munich (Germany), Series A	Market place for cycles	$24.8M	Blossom Capital, Cherry Ventures & 1 others	59/100
3rd	Mobile.de 1996, Berlin (Germany), Unfunded	A rich used vehicle listing portal	-	-	47/100
4th	BikeAction Rodgau (Germany), Acquired	Provider of online dealership services for motorcycles	-	-	37/100
5th	Motoso 2004, Germany, Unfunded	Online retailer of parts and vehicles including cars and motorcycles	-	-	26/100
6th	WebMobil24 2000, Frankfurt Am Main (Germany), Unfunded	Online classified portal for used vehicles	-	-	24/100
7th	Autoanzeigen.de 2014, Hamburg (Germany), Unfunded	Online listing portal of automobiles	-	-	24/100
8th	BIDaTRUCK 2018, Ludenscheid (Germany), Unfunded	Online auction-based platform for multi-category vehicles	-	-	23/100
9th	Copart 2016, Duren (Germany), Unfunded	Online auction-based platform for used/damaged cars	-	-	22/100
10th	Deutsche Post Fleet 2004, Koblenz (Germany), Funding Raised	Used vehicle auction house that specializes in selling pre-owned vehicles	-	Bund.de	18/100